AUD/USD Price Analysis: Bulls and bears battle it out back inside the box

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AUD/USD Price Analysis: Bulls and bears battle it out back inside the box
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AUD/USD Price Analysis: Bulls and bears battle it out back inside the box AUDUSD Technical Analysis

he bears are back inside and taking on the bull's commitments at a key juncture in the schematic of 2023. However, the bulls are seeking a break of the 0.6980s with prospects of regaining the 0.70s for the day ahead. Failures there, however, open risks of a significant move later in the week into the in-the-money longs that have been building since the break into the 0.

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